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NNN Retail Shopping Center
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1880 14th Ave SE, Albany, OR 97322

50% leased shopping center with a 10-year NNN lease and abundant parking.

Property Size39,213 SF
Price / SF$127.51
Days on Market194

Property Features for 1880 14th Ave SE

General Information

Standard status Active
Size 39,213 SF
Property subtype RETAIL
Listing Agency: Capacity Commercial Group
Listed By: Ashton Summers · License #201217697
Source: Moodyscre
Added: Mar 4 Changed: Sep 12 Last Checked: Sep 13 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

This NNN retail shopping center is presented as a 50% leased investment or an owner-user opportunity. The offering includes a 10-year NNN lease structure, with the ability to accommodate either an investor value-add exit option or an owner-user exit option as described in the remarks. Abundant parking supports day-to-day customer access for the center.

The property is located at 1880 14th Ave SE in Albany, Oregon, as part of Heritage Plaza, where the remarks cite 2.7M visitors. The tenancy described in the remarks includes national tenant synergy. This combination of existing occupancy and parking availability is intended to support commercial continuity under the NNN lease framework.

Key Highlights

  • 50% leased shopping center investment or owner‑user opportunity
  • 10‑year NNN lease
  • Heritage Plaza location with 2.7M visitors (per provided info)

Property Analytics

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Current Use

Planet Fitness Gym & Fitness Center

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby
382k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Groceries 35% Apparel 9% Home Improvements & Furnishings 6%
Fred Meyer Groceries
80,246 visits/mo 0.4 miles
Safeway Groceries
44,335 visits/mo 0.1 miles
Marshalls Apparel
34,188 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
24,472 visits/mo 0.5 miles
Red Robin Gourmet Burgers Dining
22,797 visits/mo 0.2 miles

Demographics for 97322, OR

37,148
Population
14,867
Households
2.5
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
63.3 sq mi
ZIP Area
587
Density / Sq Mi
$68,536
Median Household Income
$43,530
Median Earnings
$1,335
Median Rent
$321,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - 50% leased shopping center with a 10-year NNN lease and abundant parking.
Where is this nnn property located?
The property is located at 1880 14th Ave SE Albany, OR.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 50% leased shopping center investment or owner‑user opportunity; 10‑year NNN lease; Heritage Plaza location with 2.7M visitors (per provided info)
(503) 747-9586 Call to check price and availability
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